Sunday, May 18, 2008  
 
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Notice
Due to the unprecendented volatility of the grain markets, we will only be buying grain and pricing New Crop Contracts during trading hours. This will be Monday thru Friday, 9:30AM-1:10PM.


Local Cash Bids
 
All Locations Delivery Basis Cash  
 Wheat CASH
  NEW CROP
 Corn CASH
  NEW CROP
 Milo CASH
  NEW CROP
 Soybeans CASH
  NEW CROP

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My LDP
 
Chg Zip: 
County LDP
Meade, KS PCP LDP Date
 Barley 4.69 - 2.79 5/16
 Canola 24.07 - 16.55 5/16
 Corn 5.62 - 3.49 5/16
 Durum 0.00 0.00 5/16
 Flaxseed 26.83 - 18.51 5/16
 HRS 0.00 0.00 5/16
 HRW 7.46 - 4.68 5/16
 Oats 3.21 - 1.84 5/16
 RapeSeed 24.26 - 16.90 5/16
 Sorghum 9.76 - 6.22 5/16
 Soybeans 12.45 - 7.63 5/16
 Sunflower Oil 29.04 - 20.58 5/16
 Sunflower Seed 29.04 - 20.58 5/16
 Wheat 6.00 - 3.54 5/16
 White 0.00 0.00 5/16

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Local Conditions
Meade, KS
Chg Zip Code: 
Temp: 48oF Feels Like: 44oF
Humid: 62% Dew Pt: 36oF
Barom: 30.04 Wind Dir: NW
Cond: Sunny Wind Spd: 9 mph
Sunrise: 6:32 Sunset: 8:47
As reported at LIBERAL, KS at 7:00 AM
 
Local Radar
Meade, KS
Local Radar
 
Local Forecast
Meade, KS

Sunday

Monday

Tuesday

Wednesday

Thursday
High: 92oF
Low: 46oF
High: 97oF
Low: 56oF
High: 87oF
Low: 60oF
High: 91oF
Low: 61oF
High: 90oF
Low: 61oF
 
DTN Weather Summary
Dry, Mild Saturday in Central U.S.
Bryce Anderson (Bio) – DTN Meteorologist

Saturday will be another dry day with mild temperatures across the central U.S., except for some light showers in the eastern Great Lakes. Weather will be favorable for field work and planting over all but the southern Midwest, where drying will be slowed by recent rains. » More DTN Weather Commentary

Posted at 2:23PM Fri May 16, 2008 CDT

DTN Market Matters Blog
Keep Planting Corn, or Switch?
Pat Hill (Bio) – DTN Markets Blogger

Today's DTN Morning Snapshot survey asked, "If you have to plant corn later than normal, what are you doing to protect against yield losses?" With about 230 responses tallied, nearly three-fourths said they are doing nothing different; 15 percent said they are switching to a shorter-season hybrid, 11 percent are switching to soybeans and 2 percent selected "Other." [Read and Comment on Full Blog]

Posted at 2:43PM Fri May 16, 2008 CDT

Quote of the Day


"Don't worry that children never listen to you; worry that they are always watching you."

~ Robert Fulghum





 
DTN Market News
Keep Planting Corn, or Switch?
DTN Early Word Grains 05/16 06:05
DTN Midday Grain Comments 05/16 12:02
DTN Closing Grain Comments 05/16 13:55
DTN Cattle Close/Trends 05/16 15:25
DTN Early Word Opening Livestock 05/16 05:01
DTN Midday Livestock Comments 05/16 11:57
DTN Closing Livestock Comments 05/16 16:52
DTN Chart Technical Points 05/16 15:00
DTN Feeder Pig Index

Quotes
 
@KW - WHEAT - KCBT
  High Low Last Chg
Jul 830'0 815'0 824'2s 2'6
Sep 840'0 826'4 836'0s 5'0
Dec 858'0 844'0 851'0s 3'4
 
C - CORN - CBOT
  High Low Last Chg
Jul 608'0 588'0 591'0s -8'0
Sep 619'4 601'0 603'4s -7'6
Dec 632'0 614'0 616'6s -5'6
 
S - SOYBEANS - CBOT
  High Low Last Chg
Jul 1402'0 1366'0 1378'0s 30'4
Aug 1395'0 1366'0 1377'2s 30'2
Sep 1369'0 1348'0 1359'2s 31'2
 
FN - NATURAL GAS - IPE
  High Low Last Chg
Jun 60.95 60.25 60.52 - 0.23
Jul 64.45 63.50 64.35 0.45
Aug 0.00 0.00 67.03 0.80
 
LC - LIVE CATTLE - CME
  High Low Last Chg
Jun 94.750 93.800 93.875s - 0.475
Aug 100.050 98.875 99.100s - 0.400
Oct 106.400 105.200 105.550s - 0.400

DTN Top Stories

Farmers should do their homework before entering into any agreement involving their grain, whether it is with an independent trader or an elevator. See DTN Ag News. BFull Story...

Rising fuel prices are causing headaches for custom harvesters and to stay in business, they have to raise their rates, much to their customers' dismay. See DTN Ag News. BFull Story...

The farm bill has a broad range of support behind it, ranging from traditional agriculture groups to food pantries to even the American Heart Association. Larry Combest, who chaired the 2002 farm-bill conference committee, said the president's advisers are not doing him any favors by continuing to push for a veto. See DTN Ag News. =^Full Story...

Improved corn planting conditions are likely to set a bearish tone to the E-CBOT Sunday trade. See DTN Ag News. 1^Full Story...

Documents provided by Sen. Charles Grassley, R-Iowa, show how a major lobby group in Washington began drumming up attacks on ethanol by hiring a public relations firm. See DTN Ag News. C^Full Story...


This Day In History
May 18, 1994
AC Milan wins Europe Cup 1: 4-0 against Barcelona

more info



Did You Know?

In 1970 the Environmental Protection Agency was established


Fact courtesy of the USDA


Farm Bill Veto Could Come Next
5/16 10:12 AM
The president will sign a one-week extension of farm programs, but is likely to veto the bill quickly. If that happens, Congress could hold override votes by next Friday.
Ask the Taxman by Andy Biebl
5/16 8:59 AM
Farmers should do their homework before entering into any agreement involving their grain, whether it is with an independent trader or an elevator.
Drying Fields Beckon Farmers
5/16 8:57 AM
A brief tour of west-central Iowa this week showed some improvement in field conditions along with a slow start to the season. Dry weather and warm temperatures this weekend will be favorable for drying and fieldwork across the Corn Belt.
Double Croppers Need Heat
5/15 11:35 AM
With wheat crops slowed by a week or more in some areas of the soft red winter double-crop region, growers will be hoping for rapid head drydown to get in the extra soybean crop.



 
 
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